Short Interest in National Healthcare Properties, Inc. (NASDAQ:NHPBP) Rises By 116.2%

National Healthcare Properties, Inc. (NASDAQ:NHPBP) was the target of a significant increase in short interest during the month of July. As of July 15th, there was short interest totaling 1,386 shares, an increase of 116.2% from the June 30th total of 641 shares. Based on an average trading volume of 2,722 shares, the short-interest ratio is currently 0.5 days.

National Healthcare Properties Trading Down 0.7%

NHPBP stock traded down $0.17 on Wednesday, reaching $22.39. 3,023 shares of the company were exchanged, compared to its average volume of 8,908. National Healthcare Properties has a 12 month low of $15.32 and a 12 month high of $23.06. The stock’s fifty day moving average price is $22.44 and its 200 day moving average price is $20.45.

National Healthcare Properties Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, July 15th. Shareholders of record on Thursday, July 2nd were given a $0.4453 dividend. This represents a $1.78 annualized dividend and a yield of 8.0%. The ex-dividend date was Thursday, July 2nd.

National Healthcare Properties Company Profile

NHP is a $2.6 billion healthcare REIT with a high-quality portfolio focused on two segments, Medical Office Buildings and Senior Housing Operating Properties.